-
Martin wins Austrian MotoGP sprint after Acosta crash
-
Aston Villa compound Tottenham's misery despite late rally
-
Japan edge Fiji to win Pacific Nations Cup
-
Asian Games offer 'deepest apologies' for South Korea anthem blunder
-
Black smoke, flames rising near Riyadh airport: residents to AFP
-
Inter Milan and Italy icon Mazzola dies aged 83
-
UK actor Naomi Watts honoured at Spain film festival
-
Saudi capital issues first air raid alert since renewed fighting in Yemen
-
Japan emperor declares Asian Games open after turbulent build-up
-
Martin edges title rival Marquez for Austrian MotoGP pole
-
Asian Games open with unity message after troubled build-up
-
Indonesia accepts Malaysia's help to tackle wildfires
-
Denmark hails 'binding' Greenland deal with Trump
-
Indians living in Japan on stand-by to house Asian Games athletes
-
We don't want Games host Japan losing money, says Asian Olympic official
-
Trump signs bill authorizing sweeping Russia sanctions
-
Ed Sheeran returns to stage after Palestinian controversy
-
Protesters form human chain at Kennedy Center after Trump threat
-
Asian Games to open in Japan after troubled build-up
-
Death toll from attack at police HQ in Pakistan rises to 31
-
Drone owners rush to offload devices ahead of Beijing ban
-
Trump says Denmark to give US 'permanent control' over Greenland security
-
Trump's beef policies irk Texas ranchers, testing their loyalty
-
Batman Appears Atop the Sydney Opera House for Batman Day 2026
-
Kennedy Center: future unclear for iconic Washington arts hub
-
Nvidia, OpenAI CEOs to attend Xi dinner at White House
-
Trump claims 'infinite' Greenland security deal with Denmark
-
Anthropic picks Accenture for in-house AI safety evaluation
-
Helicopters battle wildfire threatening Ecuador's capital
-
Balogun returns as Monaco beat Lens to continue strong Ligue 1 start
-
Brentford batter Chelsea to undo Alonso's promising start
-
'Pause' on overt repression in Venezuela, but reforms still needed: HRW
-
Kane hits Bundesliga century as Bayern rout Union
-
Global stocks mixed as yen falls despite Bank of Japan rate hike
-
Trump says CNN, MS NOW, Politico banned from White House
-
Cuba hit with seventh major blackout of the year
-
Hushing and hedging: US companies retreat on climate
-
Murray out with concussion so Wentz will start for Vikings
-
Springboks to face Fiji before 2027 Rugby World Cup
-
UN chief 'deeply regrets' US visa refusal to Abbas for annual meeting
-
Nigeria miners struggled to breathe in cell before 37 died: survivors
-
England quick Carse to face no charges over alleged nightclub assault
-
McIlroy on the charge at PGA Championship as Reed withdraws
-
Mancini brings nine newcomers into the first squad of his Italy comeback
-
McIlroy on the charge at PGA Championship
-
Czechs level Davis Cup tie against USA as South Korea eye Finals
-
Crisis-wracked Volkswagen warns of 10-bn-euro hit to profits
-
New France boss Zidane confirms Mbappe as captain after naming first squad
-
Costa Rica's Grynspan tops third informal poll for UN chief: diplomat
-
California governor signs order to explore AI 'kill switch'
Vision Marine Technologies Advances Operational Optimization at Nautical Ventures with Strategic Auction of Discontinued, Overstocked and Clearance Parts Inventory
Targeted parts auction reduces surplus, strengthens balance sheet, and funds recurring revenue growth
FORT LAUDERDALE, FLORIDA / ACCESS Newswire / September 4, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion and multi-brand boat retail, is advancing its post-acquisition integration of Nautical Ventures with a strategic auction of discontinued, overstocked and clearance parts inventory in Florida. This initiative streamlines operations, reduces surplus stock, and repurposes facility space to expand service bays and electric integration capacity-reinforcing Vision Marine's disciplined approach to operational optimization. As part of this optimization, Vision Marine expects to reallocate approximately 5,000 square feet at its Fort Lauderdale waterfront marina to establish an integration center and sales office with direct water access.
The auction will run September 16-18, 2025 and will be conducted with Stampler Auctions (Harry Stampler). The catalog will be listed on Stampler Auctions' platform at stamplerauctions.com and is expected to return between $1.3 million and $1.8 million, providing a non-dilutive source of capital and further strengthening the Company's balance sheet.
"Operational optimization is central to how we are deploying the Nautical Ventures platform," said Alexandre Mongeon, Co-Founder and CEO of Vision Marine. "By auctioning discontinued, overstocked and clearance parts inventory, we strengthen our capital position while freeing valuable facility capacity. This allows us to accelerate service, financing, and electric integration programs-the building blocks that convert a retail network into a scalable revenue engine."
The redeployment of capital and space aligns with Vision Marine's objective to expand recurring revenue levers-including financing, extended warranties, service programs, and high-voltage E-Motion™ propulsion installations-supporting margin expansion and long-term value creation.
About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ:VMAR) is a disruptive marine company offering premium boating experiences across both electric and internal combustion segments. Through its E-Motion™ high-voltage technology and Nautical Ventures' nine-location retail and service network in Florida, Vision Marine unites proprietary engineering with direct-to-consumer sales, after-sales support, and integration services.
Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking statements within the meaning of applicable securities laws. Words such as "expect," "plan," "intend," "believe," "project," and similar expressions are intended to identify forward-looking statements. These statements include, without limitation, expected auction proceeds, operational efficiencies, and future recurring revenue opportunities. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements. Vision Marine disclaims any obligation to update or revise these statements except as required by law.
Investor Relations
Bruce Nurse
(303) 919-2913
[email protected]
investors.visionmarinetechnologies.com
SOURCE: Vision Marine Technologies Inc
View the original press release on ACCESS Newswire
Ch.Campbell--AT